How did I become a god

Chapter 1231 Two Messages
Apple's director Adrian Piccia took the lead in opening fire on Jing Shufeng, and Shen Nanpeng quickly tried to smooth things over. He still remembered the fear of being dominated by Boss Jing!
Because he offended Boss Jing, the investments from him, Hillhouse Capital, and Jinshajiang Investment were locked up in the Uber project, which made him so stressed during that time that he wanted to hold a mixed party for male and female celebrities to release the pressure.

He feels secretly happy now, but he still cares about the situation.Otherwise, if the news reaches Mr. Jing’s ears, he may be dealt with by Mr. Jing.

Alas, he is considered the number one figure in the Magic City and a proper capital boss in the entertainment industry, but in front of bigger bosses, he also has to be the younger brother.

"Adrian, since Boss Jing has sent Mr. Jing to take charge of Uber, he must have made arrangements. Be patient and don't be impatient! We still have to respect Boss Jing's ideas."

Then he said to Jing Shufeng: "Mr. Jing, Adrian is a straightforward character. Don't take it to heart. How does Uber plan to deal with the stock price now? When you came to work for Uber, what gift package did you bring? The current stock price is indeed It’s so ugly. We’re in a hurry.”

In fact, he has a lot of contact with people in the American business community. Americans are very straightforward and straightforward. This is all nonsense.Americans are also very worldly, right?When it's time to lick in business, I still lick.

Chinese people have this impression: "Americans are very straightforward", which is flattered by the idiot media.

Adrian is definitely not as straightforward as he says.It's just using a reckless appearance to achieve its goal.Apple also holds a large amount of Uber stock!How could you not be in a hurry now?
Of course, Sequoia China also holds about 0.5% of Uber's shares, and the valuation of this share is now directly discounted by half.He was also very anxious inside.

Sequoia (China), as a private equity fund company, is said to have a partnership system, but in fact it is chaired by Shen Nipeng.Their funds are not all funds from wealthy domestic families, but also a lot of funds from overseas.

Generally speaking, it is difficult to check the source of funds operating in the form of a fund.Many domestic venture capital firms obtain funds from the United States as their white gloves.For example, the well-known Hillhouse Capital.Its founder, Zhang Lei, is relatively close to Yale’s funding.

As a private equity fund, Sequoia (China) also has performance pressure.If the fund valuation falls for several consecutive quarters, it will have a great impact on the next fundraise and its reputation.

Jing Shufeng nodded slightly to Shen Nanpeng to express his gratitude.Then he looked around at the people in front of the conference table and said calmly: "Dear directors, in response to the current plummeting stock price of Uber, I have two suggestions.

First, our major shareholder Phoenix Group intends to increase its holdings.You should see the announcement in the next two days.Will this move increase the stock price? "

Several directors immediately responded favorably to the news.

"this is okay."

"Boss Jing should have issued an announcement to increase his holdings long ago! Otherwise, the stock price would have dropped to half. This is normal."

"Mr. Jing, what else is there? It is a common method for major shareholders to increase their holdings. Whether it can be effective depends on the market's reaction. We need to find some quick-acting methods to defeat the short sellers!"

Given Boss Jing’s grievances in the world, it’s strange that Uber’s stock price, which was listed on the Hong Kong Stock Exchange, plummeted and no one was short.

Jing Shufeng said: "Second, I just explained to the directors my new thinking after taking charge of Uber. I have found a new fund and am willing to buy our bonds. This fund will be used for Uber's internal reforms. .”

Chief Financial Officer (CFO) Tian Qi said slightly excitedly: "Mr. Jing, how much is this fund?" As a financial officer, he is responsible for the company's funds.

Others are also concerned about the size of the funds.With Uber's qualifications, it is not a big problem to issue bonds in domestic and overseas markets.But the question is how many people are willing to pay for it.

Especially with Uber's current stock price plummeting.

Jing Shufeng said: “This funding comes from Zhang Yanqi, the former chairman of Uber, and Magic Capital’s private equity firm Blackbird Investment has prepared US$10 billion to purchase our bonds.”

One billion dollars is a very nerve-wracking number.

"How much?" "Fuck!"

"Mr. Jing is so generous!"

The solemn atmosphere in the conference room suddenly became relaxed at this moment.As for Jing Shufeng's claim that he had found the funds, everyone pretended not to have heard it.It must be Boss Jing’s support!

Do you really think anyone can get this money?Do you really think Boss Jing’s assets are the US$50 billion listed on Forbes and Hurun wealth lists?

Innocent!

Apple's director Adrian Piccia apologized to Jing Shufeng: "Mr. Jing, I'm sorry. I was too worried about the stock price just now and had a bad attitude. Please forgive me."

Jing Shufeng smiled and said: "It's all for work. I accept your apology." After that, he said to everyone: "The term of our current board of directors will expire in one year. In view of Zhang Yanqi's contribution to Uber, I We will nominate Mr. Zhang as an independent director of Uber, and I hope to get everyone’s support!”

As soon as he said these words, the meeting room that was just full of joy suddenly looked a bit miserable.

Because Jing Shufeng was showing his power.

As the person in charge sent by the controlling shareholder Phoenix Group, Jing Shufeng, as the chairman, has the ability to remove discordant directors at the shareholders' meeting.It doesn’t mean that if you hold shares in Uber, I will definitely let you join the board of directors. These are two different things!

Shen Nanpeng, Adrian Piccia, Chief Operating Officer (COO) Gu Rui, Chief Financial Officer (CFO) Tian Qi, and Tencent's Liang Fengxia who just "child-viewed" Jing Shufeng were all extremely cautious.

No one wants the first of the three fires of a new official to burn on them.

"That's it for today, adjourn the meeting!" Jing Shufeng put away the notebook in front of him, signed the meeting minutes handed over by Secretary Xin Gui, and left the large conference room on the 36th floor with his assistant Xiaoxia.

Shen Nanpeng left the Uber building and took a car back to Sequoia China's Magic City headquarters. He sat in the Mercedes-Benz and untied his tie: "Made, you are worthy of being the person who came from Mr. Jing's side. This method is in the same vein!"

Liang Fengxia, Tencent's vice president of legal affairs, called her bosses to report as soon as she finished the board meeting.

...

...

There is a media lobby in the Uber headquarters building.After the board meeting on Monday morning, Secretary Xin Gui immediately held a media conference in the afternoon and announced two pieces of news to stabilize the stock price.

First: buyback by major shareholders.Second, a debt of US$10 billion was discovered and has been subscribed by large funds.

More than a dozen media outlets took photos and spread the financial news along the Internet.

Uber's stock price immediately rose on Tuesday morning.

(End of this chapter)